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Japan Retail Sales Slip 0.5% In January

(RTTNews) - The value of retail sales in Japan was down a seasonally adjusted 0.5 percent on month in January, the Ministry of Economy, Trade and Industry said on Friday - coming in at 12.097 trillion yen. That beat expectations for a fall of 0.6 percent following the 0.8 percent decline in December. On a yearly basis, retail sales dropped 2.4 perc...

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AT&T Sells DirecTV Stake To Private Equity Firm TPG

(RTTNews) - AT&T Inc. (T) has reached a deal with private equity firm TPG Capital to make its struggling satellite TV provider DirecTV a new standalone company. The deal will establish a new company that will own and operate AT&T's U.S. video business unit consisting of the DirecTV, AT&T TV and U-verse video services. The new company wi...

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